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Carey\x27s Corner
Zeihan on Geopolitics
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Comments by "Carey\x27s Corner" (@careylymanjones) on "Peter Zeihan || Trusting the Numbers in a Deglobalized World" video.
Figures don't lie, but sometimes liars figure.
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For some rich countries, perhaps. But I don't see much of Africa automating anytime soon.
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@squashduos1258 Africa doesn't have any reason to automate. It has cheap labor, and automation is expensive. Africa can't afford large-scale automation, even if it had a need too.
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@mainepants There are two kinds of people in the world. Avoid both of them.
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China's population is NOT growing. Even the Chinese government admits it. You can't enforce One Child on your population for 40 years and not wreck your demographics. China has gutted its under-40 demographics. Demand is driven by 20-40 year-olds buying houses and cars, and raising children. Only China doesn't have enough 20-40 year-olds to absorb its industrial production, and they're not having enough children. This forces China to export to keep its factories running, which begs the question of who is going to buy China's exports. Currently the US does, but anti-Chinese sentiment in the US is growing, as Americans begin to recognize China as a strategic threat. American companies are moving away from China, due to rising Chinese wages, and a desire to be somewhere else when the US-China relationship comes apart and/or when the Chinese economy comes apart. And China really doesn't have an alternate market to replace the US. Europe's demographics are reducing their demand, and forcing European economies to become export-driven, too. Every other country in Asia is protectionist. And Africa is too poor to absorb China's exports. Which is a long and roundabout way of saying that China's long-term prospects are Very Bad.
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Fewer people affects both demand and labor supply. Whether the result is inflationary or deflationary depends on the delta of demand and labor supply. If the drop in available labor is greater than the drop in demand, you get inflation, as wages go up.
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Can be summed up as follows: All Globalists are good. WEF are Globalists. Therefore, WEF is good.
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There are lies, damn lies, statistics, and Chinese statistics. China manages it's statistics using the Millennium Year Application Support System (MYASS). Chinese bureaucrat: "Whenever I need to prepare a report, I just pull the numbers out of MYASS."
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It would be rather stupid of Mexico to antagonize its largest trading partner by cozying up to the BRICS.
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Actually, he did talk about checking China's claimed exports against other countries' recorded imports. Those stats are collected by the various countries' governments. If ONE country says it imported less than China says it exported, it doesn't necessarily prove anything. But if a bunch of countries report fewer imports than China claims to have exported, it's far more likely that the Chinese are cooking the books.
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Degoblinized, deglobalized, same difference.
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Peter usually takes at least a few days to THINK about an issue before sounding off about it. He wasn't the first to opine regarding the Chinese recon balloons, but he came up with a pretty good take, BECAUSE he didn't try to be the first to comment.
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@MarcosElMalo2 History has proven that Sweden, which refused to lock down, got it right. The Branch Covidians, with their vax mandates, and eternal lockdowns, severely damaged the world's economy, without saving significantly more lives. Live with what you and your ilk did to the world.
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AI is going to be limited to rich countries with high-end chip making capabilities. China is cut off from high-end chip fabrication equipment. The US, Japan, Taiwan, and South Korea are the best candidates for AI to be a major help. Japan, with its terrible demographics, is probably the country with the most to gain.
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As opposed to getting real friendly with people halfway around the world? Frankly, I think it's about time we started working with our neighbors to "improve the neighborhood".
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China is already export-driven. If China were cut off from global trade, it would experience a depression that would make the Great Depression look like a minor stock correction.
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